Nigeria Customs starts Electronic Auctions

Nigeria Customs Service says it will soon start using electronic platform to conduct it auctions as part of measures to ensure transparency in the...

CBN Approves $10k Per Week FX Sale To Bdc’s

The Central Bank of Nigeria (CBN) has slightly modified its forex operations with Bureau de Change (BDCs) operators in the country. According to Reuters,...

IMF Commends CBN for Stabilising Naira.

The International Monetary Fund (IMF) has commended the Central Bank of Nigeria (CBN), for recent foreign exchange policy actions. The CBN has recorded huge...

We’ll Push Dollar To N305—CBN Boasts

The Central Bank of Nigeria (CBN) has disclosed that it was determined to bring down the exchange rate of the Naira per Dollar to...

Ghana’s Central Bank Governor Resigns.

The Governor of Ghana’s central bank, Abdul-Nashiru Issahaku has resigned, though there were no clear reasons for the resignation but according to sources within...

Oil: Nigeria records slight increase in rig count

NIGERIA’S oil rig count slightly increased to 26 in February, from the 25 recorded in January, this year, Baker Hughes Incorporated and the Organisation...

FG denies indebted oil marketers import license

The Minister of State for Petroleum Resources, Ibe Kachikwu, has directed the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation...

FG to borrow $6.1bn to complete all rail projects

The Federal Government has concluded plans to borrow 6.1 billion dollars from Chinese Exim Bank to complete all rail projects in the country by...

AMCON recovers N681bn from debtors

The Asset Management Corporation of Nigeria (AMCON) has recovered over N681.5billion from chronic debtors in the last six years of its operation, its Managing...

Dollar Crash brings down Food Prices

Price of food Items in some markets across the country has began to reduce due to the appreciation of naira against the United States...
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